The world economy faces headwinds from three major sources: US' wobbly macro-economic stability thanks to inflation, contradictions in China’s non-market economy, and the possible collapse of Russia. Anticipating the tail events from these will require corporate and government decision makers to shift from a short-term execution focus to a deeper understanding of the global general equilibrium and to watch for unexpected channels of influence, Ajay Shah writes. Read it here
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The top edit points out that accurately capturing inflation needs more than just changing the Wholesale Price Index base. Expanding the scale and scope